Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms in real estate transactions, ensuring consumers receive clear information about borrowing costs.
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, requiring disclosure of settlement costs and prohibiting kickbacks in real estate transactions.
Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on race, color, religion, sex, national origin, familial status, or disability.
Interstate Land Sales Full Disclosure Act: Federal law protecting consumers from fraud in land sales, requiring developers to disclose detailed information about their offerings.
Foreign Investment in Real Property Tax Act (FIRPTA): Federal law requiring foreign persons to pay U.S. income tax on the sale of U.S. real property interests.
State Property Laws: State-specific laws governing property rights, transfers, and ownership requirements within the particular state's jurisdiction.
State Real Estate Transfer Laws: State-specific regulations governing the transfer of real property, including deed requirements and transfer tax obligations.
State Recording Requirements: State-specific rules for recording property transactions and documents with the appropriate government offices.
State Disclosure Requirements: State-mandated disclosures about property condition, hazards, and other material facts that must be provided to buyers.
State Real Estate License Laws: State-specific regulations governing real estate professionals' licensing and conduct in property transactions.
Zoning Laws: Local regulations controlling property use, development, and modifications within specific geographic areas.
Building Codes: Local regulations establishing minimum standards for construction, renovation, and property maintenance.
Local Property Transfer Tax Requirements: Municipality-specific taxes and fees imposed on real estate transfers.
Local Recording Requirements: Municipality-specific rules for recording property transactions and related documents.
Statute of Frauds: Common law principle requiring real estate contracts to be in writing to be legally enforceable.
Contract Law Fundamentals: Basic principles governing contract formation, including offer, acceptance, consideration, and capacity.
Property Law Principles: Fundamental legal concepts governing real property ownership, rights, and transfers.
Title Requirements: Legal requirements for establishing and transferring clear title to property, including title search and insurance.
Environmental Regulations: Federal, state, and local laws governing environmental aspects of property transfer, including hazardous materials and wetlands.
Property Inspection Requirements: Rules governing required property inspections and resulting disclosure obligations.
